Tax practitioners are intensely motivated to help their individual clients save money by utilizing the most effective and efficient tax planning strategies. This program gives audience members both new as well as time-tested individual tax planning strategies they can help their individual clients apply before the end of 2015.

As the United States pulls itself out from the "Great Recession", many small and medium-size businesses, and their owners, continue to struggle economically in 2015. In such a challenging economic environment, tax planning and tax-informed decision making can make the difference between the business surviving or not. For those businesses that are doing well, astute tax planning can add significantly to the bottom line. This program concentrates on the critical tax planning ideas and strategies that tax advisors with business owners as clients must be aware of as 2015 comes to an end. Any tax practitioner wishing to be up to date with the latest available year-end strategies to help businesses survive and even flourish in 2015 and beyond should not miss this program.

Objectives:

* Understand and minimize the cost of employee health care costs in 2015 and after * Discuss the relative advantages of the entity selection options currently available * Understand how the 3.8% tax applies to pass-through entities and their owners

Major Subjects:

* How the 3.8% tax on net investment income impacts pass-through entities * Relative advantages of the C corporation, the S corporation, and the multiple-member LLC for 2015 and later * How to take advantage of the final repair regulations dealing with expensing and capitalizing business expenditures * Dealing with the penalty on large employers for not providing health insurance to employees * Minimizing self-employment tax in 2015 for S corporation shareholders and members in multiple member limited liability companies * Maximizing the depreciation deduction for 2015

Designed For:

Any tax practitioner who wishes to understand how to put year-end business-related tax planning strategies in place before 2015 expires

Prerequisite:

Basic understanding of the tax rules dealing with forming and operating a small business organized as an S corporation, a multiple member LLC, or a Schedule C